The housing market in Silverhill continues to see strong price appreciation, with values up 137.5% compared to last year. Home prices have increased 39.7% in the past month alone. At the current pace, all available homes in Silverhill would sell out in just 0.5 months, indicating a continued supply shortage. Properties are selling within just 53 days on average, much faster than the historical norm of 158 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Silverhill market with the affordability index at 2773.7. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.